Harbor Custom Development Secures $19.950M Loan With Sound Capital to Refinance Belfair View Apartment Project
Portfolio Pulse from Benzinga Newsdesk
Harbor Custom Development has secured a $19.95 million loan from Sound Capital to refinance its Belfair View Apartment Project.
July 06, 2023 | 1:31 pm
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POSITIVE IMPACT
Harbor Custom Development's refinancing of the Belfair View Apartment Project with a $19.95 million loan from Sound Capital could improve its financial stability.
The secured loan will help Harbor Custom Development refinance its project, potentially reducing financial risk and improving its balance sheet. This could positively impact the company's stock in the short term.
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IMPORTANCE 80
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